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United Kingdom (UK) 🛡️ UK Work Eligibility 💼 Company - Public
Laidlaw Schools Trust - Finance Business Partner
Laidlaw Schools Trust ✓ Verified Employer

Finance Business Partner

Verified Base Compensation
£35,000 - £35,000 / year
£2,917 - £2,917 / mo Apply Now →
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Official Specifications

Role Overview & Mandate

Executive Summary

JOB DESCRIPTIONPost title: Finance Business PartnerAcademy: LST Central OfficeReporting to: Chief Finance...

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JOB DESCRIPTION
Post title: Finance Business Partner
Academy: LST Central Office
Reporting to: Chief Finance Officer
Salary: Up to £35,000 FTE (Depending on qualifications and experience)

Hours of work: 37 hours per week, all year

Purpose of Job

To provide support to the Chief Finance Officer in the provision of an efficient and responsive financial service to Laidlaw School Trust.

Main Duties and Responsibilities

The role is to work closely with our academies in Sunderland and Durham, creating an active partnership with operations and regional/school leadership teams. The role is to provide real-time support, analysis and be a trusted advisor, adding value and supporting decision making.

  • The role will be based from the central head office in Newcastle. Travel across the North East is required to support the academies
  • The role will be to support all financial aspects of our academies in Sunderland and Durham including but not limited to: o Supporting the budget setting and forecasting process o Preparation of monthly management accounts including detailed variance analysis to budget and forecast, advising on any trends which may have an implication on budgets o Balance sheet reconciliations o Presentation of management accounts to Principals and Business

Managers on a monthly basis o Presentation of financial information at local governing board meetings on a termly basis o Supporting academies to achieve best possible educational outcomes and value for money through curriculum led financial planning and analysis o Supporting purchasing decisions and ensuring compliance with all Trust policies and public procurement regulations o Budget management, supporting budget holders and monitoring individual school spending and liaising with Business Managers, Principals and
Executive Leadership Team to ensure ongoing awareness and control of budgets o Ensure internal financials controls are adhered to o Ensure accurate accounting records are maintained at all times o Ensuring appropriate security arrangements and authorisation of all credit card transactions

  • Support the financial and management accounting functions of the Finance team; being a committed and professional team member
  • Work to tight month end deadlines and be prepared to work flexibly in order to achieve team and academy goals
  • Produce financial information to Accounting Standards and in line with other regularity bodies
  • Ensure the operational workload is effectively managed to ensure finance service standards are adhered to
  • Investigate and answer routine queries arising from budget holders, management and other finance colleagues as well as external bodies
  • Create, develop and/or maintain complex accounting spreadsheets, as necessary
  • Contribute to the continuing development of the finance department to ensure an excellent service to all academies within the Trust
  • Assist in the preparation of reports to Local Governing Body including updates to accounting policies
  • Assist in the oversight of the payroll function
  • Assist in the review and evaluation of financial plans and procedures
  • To maintain the Trust’s fixed asset register
  • Assist in the production of annual statutory accounts and other financial returns e.g., VAT Return
  • Maintenance and ongoing development of financial systems
  • To oversee the effective administration of the ordering of goods and services, processing and payment of invoices
  • To oversee the preparation of sales invoices and collection fees in a timely manner in respect to services provided by the Trust
  • To undertake training where appropriate to ensure that staff have an appropriate level of financial awareness
  • To develop and maintain relationships with staff throughout the Trust
  • To comply with any reasonable request from the Principals and Business

Managers to undertake work of a similar level not specified in this job description

  • Any other duties as may reasonably be requested by the CFO or Trust management. The above duties do not define or include all tasks required of the post holder. Duties and responsibilities may vary without changing the level of responsibility

Health & Safety

  • Ensuring that area of work complies with legislation relating to Health & Safety and observe and implement specific responsibilities in relation to these matters as detailed in the Policy for Health & Safety
  • Provide support in an emergency or evacuation situation, in a calm professional manner. Actively provide information to any emergency service when requested to do so

Safeguarding

  • Be aware and familiar with academy policies and other guidance on the safeguarding and promotion of wellbeing of children and young people. Taking appropriate action in accordance with academy policies and Keeping Children Safe in Education 2022, where required.

Job Types: Full-time, Permanent

Salary: Up to £35,000.00 per year

Benefits:

  • Cycle to work scheme

Schedule:

  • Monday to Friday

Work Location: One location

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Compensation Analytics

Estimated Take-Home Pay

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Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package £35,000 - £35,000
Est. Income Tax Band 20% Basic Rate Band
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net £2,333 - £2,275 / mo
Regional Economics

Cost of Living (Newcastle upon Tyne, England)

Bureau Data
Est. Rent (1-Bed)
£1,100 - £1,750
Monthly Utilities
£140 - £210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Verified Status: UK Work Eligibility
Corridor: UK Employment Corridor
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